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Maxangelos
2022-07-21

Exactly

Palantir Shares Climbed 4% in Morning Trading

Palantir shares climbed 4% in morning tradingasRaymond James initiated Palantir as strong buy.Raymond James analyst Brian Gesuale initiated coverage of Palantir Technologies with a Strong Buy rating and $20 price target.The company's software platform unifies, manages, and secures data across the enterprise, supporting low code/no code environment that connects business functions to operators, Gesuale tells investors in a research note. After falling 75% from its early 2021 peak, the stock's ris

Palantir Shares Climbed 4% in Morning Trading

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After falling 75% from its early 2021 peak, the stock&#39;s risk/reward is &#34;compelling&#34; for a software business with a 30% growth rate, gross margin structure in the 80% range with escalating contribution margins, and a balanced commercial and government customer mix, says the analyst. 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After falling 75% from its early 2021 peak, the stock&#39;s risk/reward is &#34;compelling&#34; for a software business with a 30% growth rate, gross margin structure in the 80% range with escalating contribution margins, and a balanced commercial and government customer mix, says the analyst. 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